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2 mins read

Meme-stock mania comes roaring back to leave Donald Trump's Truth Social owner TMTG worth more than Etsy or Hasbro

Truth Social's owner, which counts Donald Trump as its biggest shareholder, is now worth more than …

Theron Mohamed   


Business Insider Latest Story Image
1 min read

Truth Social's refusal to use Amazon servers added to tech troubles and huge waiting list at launch, report says

A dearth of tech talent willing to work on the "conservative-friendly" alternative to Twitter and r…

Rosie Bradbury   


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1 min read

Digital World Acquisition Corp. falls 10% as board members subpoenaed over deal for Trump's Truth Social

The SPAC is attempting to move towards a proposed merger with Truth Social, a social media website …

Jennifer Sor   


Business Insider Latest Story Image
1 min read

Digital World Acquisition Corp. falls 10% as board members subpoenaed over deal for Trump's Truth Social

The SPAC is attempting to move towards a proposed merger with Truth Social, a social media website …

Jennifer Sor   


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1 min read

Trump's media company is planning a streaming service featuring 'non-woke' content such as 'shows that embrace the Second Amendment'

The streaming service hopes to be a "non woke alternative" for conservatives and libertarians.

Hannah Getahun   


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2 mins read

The company buying Trump's social network Truth Social warned investors about his history of bankruptcy and failed business ventures

In a filing Monday, Digital World highlighted the failures of Trump Taj Mahal, Trump University, an…

Isobel Asher Hamilton   


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2 mins read

Trump takes near-$4 billion hit on Truth Social since May — and the stock faces a fresh selling spree

Donald Trump's Truth Social holding has tanked in value since his return to X and Kamala Harris' no…

Theron Mohamed   


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1 min read

Ex-CEO of company that helped Trump Media go public accused of securities fraud

The SEC alleges Patrick Orlando "falsely represented" his SPAC's negotiations with Trump Media.

Geoff Weiss   


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2 mins read

Donald Trump's social media company has new worries and investors don't care

If this was a typical company, the departure of its COO and allegations of a whistleblower complain…

Peter Kafka   


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1 min read

Trump Media stock has plunged 46% since Donald Trump was found guilty in hush-money trial

Trump Media stock fell 6% on Monday, declined by another 10% on Tuesday, and is down another 10% on…

Matthew Fox   


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1 min read

Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.

Truth Social earned $770,500 from advertising, according to the earnings report, which is down from…

Sarah Gray   


Business Insider Latest Story Image
3 mins read

Donald Trump's Truth Social has crashed 70% from its peak and experts say the meme stock may fall further

TMTG, which owns Trump's Truth Social, needs to build a real business to deliver sustained stock-pr…

Theron Mohamed   


Business Insider Latest Story Image
4 mins read

Trump's stock bust came even quicker than I expected

Trump Media's DJT stock price has plunged since its SPAC merger. And it's probably going to get wor…

Emily Stewart   


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1 min read

Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says

Trump Media made just $4 million last year and lost $58 million, financial documents show.

Jennifer Sor   


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2 mins read

Trump Media is suing its cofounders, alleging they failed 'spectacularly' and did 'significant damage' to the business

A new court filing claims Trump Media's cofounders "failed spectacularly at every turn" before the …

Jennifer Sor   


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1 min read

Trump Media tumbles 26% after first-week surge as new financials raise red flags

A new SEC filing showed the company reported a net loss of $58.2 million last year, on just $4.1 mi…

Yuheng Zhan   


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1 min read

Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving

The company that owns Truth Social has plunged 53% from its peak two weeks ago, slashing Donald Tru…

Theron Mohamed   


Business Insider Latest Story Image
4 mins read

Trump Media's stock is almost certain to crash

Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…

Emily Stewart   


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2 mins read

Barry Diller says Trump Media is 'a scam' and people buying shares are 'dopes'

Media mogul Barry Diller had harsh words for Truth Social owner Trump Media and its shareholders.

Camilo Fonseca   


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1 min read

Trump Media stock tumbles as the SEC charges its auditor with 'massive fraud'

Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators sai…

Jennifer Sor